Partners drill in Alaska
Partners Grayd Resource (GYD-V) and Atna Resources (ATN-T) have begun drill-testing the downdip extension of high-grade mineralization on the DC North zone at the Dry Creek property in Alaska.Based on…
News
MINING MARKETS & INVESTMENT NEWS — EASTERN MARKETS — Yellow metal regains ground as nickel prices show strength — Franco- and Euro-Nevada post gains as yellow metal recovers
Riding on the back of stronger metal prices, the Toronto Stock Exchange 300 index gained 10.61 points during the report period July 28-Aug. 3 to finish at 7,033.30.The biggest news of the week was the…
Cayeli foundation of Inmet’s quarter
Increased production from the Cayeli copper-zinc mine in Turkey was in the foreground of the second-quarter picture at Inmet Mining (IMN-T).Inmet showed a profit of $959,000 for the 3-month period end…
Madison closes ownership gap at Mt. Kare
Madison Enterprises (MNP-V) has boosted its stake in the Mt. Kare project in Papua New Guinea to 90% in a share purchase for a 25% indirect interest held by joint-venture partner Carpenter Pacific Res…
Companies (August 09, 1999)
Agnico-Eagle MinesAltius MineralsApex Silver MinesArchangel DiamondAtna ResourcesBard Silver & GoldBarrick GoldBattle Mountain GoldBema GoldBillitonBuchans RiverCambiorCamnor ResourcesCancor MinesCanm…
Miramar sues American Eagle
Since the departure of former chairman Walter Berukoff, affiliated companies Miramar Mining (MAE-T) and Northern Orion (NNO-T) have been reviewing options to enhance shareholder value.Northern Orion h…
World Wide spins off subsid
The transfer of uranium assets not situated in Kazakstan to a newly formed subsidiary will enable World Wide Minerals (WWS-T) to pursue its lawsuit against the government of that central Asian nation….
Careers (August 09, 1999)
Mount Polley Mining Corporation has an opening for a PERSONNEL AND SAFETY CO-ORDINATOR at the Mount Polley Mine located east of Williams Lake near Likely, BC.This position reports to the Mine General …
Buchans area heats up
Rumours about a major new base metal discovery in the Buchans area of central Newfoundland are rumours still, but activity in the area suggests there may be some substance to the buzz.The stories have…
Record gold production, higher costs for Normandy
Improved performances at eight gold mines propelled Australian major Normandy Mining (NDY-T) to new production records for its recently completed fiscal year.For the year ended June 30, Normandy produ…
Mindoro to drill Agata
Mindoro Resources (MIO-A) has planned a 20-hole, 2,000-metre drilling campaign at the Agata gold project in the Philippines following the discovery of high-grade gold anomaliesDrilling of the Assmicor…
Inuit vote to settle land claims
Members of the Labrador Inuit Association (LIA) have approved a preliminary agreement for what is expected to be first land claim settlement in Newfoundland’s history.The yes vote endorses efforts of …